Corporate governance of microfinance institutions and its impact on sustainability a case study

Abstract

Corporate governance emerges as most imperative and challenging task for the newlinemicrofinance institutions because without proper governance, the double agenda of the newlineinstitutions i.e. financial viability and social upliftment could not be achieved. Beside this, weak newlinegovernance architecture results in poor internal control system, lack of accountability and sub newlineoptimal performance which ultimately hinder the sustainability of the microfinance business newlineoperations. Corporate governance also ensures the cost efficiency and profitability by newlinemaintaining a healthy balance of the corporate governance mechanisms. newline